Peru opens trade office in New Delhi.

On the initiative of Peru's export and tourism promotion agency PromPeru, the new OCEX aims to contribute to sustained economic growth in Peru by promoting its exports of goods and services. Mincetur plans to increase the number of trade offices abroad from the current 18 to 34 next year.

Meanwhile, Peru's Regional Exporters Association of Lambayeque (AREX) indicated the fruit and vegetable sector could benefit from a number of free trade agreements down the road.

AREX coordinator, Paola Corvacho Valderrama, said the Turkish market shows promise due to the population's growing consumption of fresh, frozen and canned fruits and vegetables. Corvacho said the growing consumption trend is due to a large, young population concerned about maintaining good health.

"This market shows potential for bananas, watermelons, spices and nuts, whose average growth rate in the last five years has been 37 per cent," Corvacho was quoted as saying by website Fresh Fruit Portal.

Growth in the middle class and increasingly westernised youth could create possibilities, however, for bananas, table grapes, sauces, coffee and spices.

India has shown possibilities for vegetable dyes. Import tariffs are quite high, however. This would be a point of negotiation between Peru and India. "A free trade agreement with India, however, would benefit our country in the high-end medication sector, since this is an industry that attracts investors from Germany and Japan," Corvacho said.

Source : freshplaza.com